Category: Exploration and Development

Gainey Commences Drilling at Las Margaritas Project

David Coburn, Gainey CEO, stated “Our exploration team has been working hard to generate these targets based upon surface mapping and sampling and prepare the infrastructure necessary to support the drill program. We have been eagerly anticipating this first-ever drill program at Las Margaritas. The Phase I program will aid significantly in understanding the controls on the gold mineralization and allow us to more effectively plan a follow up program.”

Riverside Provides Update on BHP Exploration Program

Riverside’s President and CEO, John-Mark Staude, stated: “We are encouraged by the collaboration with BHP to-date and our technical team continues to progress on new prospect generation in northeastern Sonora, Mexico. Our group has taken a high-level initial view observing the entire belt and now focus on combining data from the integration of our recently acquired Millrock databases along with BHP’s data to efficiently work through a series of high-level project evaluations during Q4 in advance of our next technical committee meeting near year-end. We look forward to progressing with BHP and drill-testing large porphyry copper targets together in 2020.”

Magna Gold Corp. Announces Results of its Ongoing Phase One Exploration Program on its Mercedes Property – Confirms Historical Drilling – Uncovers Seven New Exploration Targets

Arturo Bonillas, President and CEO commented: “We are pleased with the results of our initial exploration program from which we are confirming the presence of new mineralized areas as uncovered by drilling and exploration reconnaissance. Work programs will now focus on expanding the mineralized extension on La Lamosa ridge and defining drill objectives on the new targets within our claims.”

Alamos Gold Recibe Reconocimiento a las Mejores Prácticas de RSE

El 9 de octubre, en el marco del 3er. Foro Internacional PyMES Socialmente Responsables, el Vicepresidente Senior México de Alamos Gold, Dr. Luis Chávez Martínez, recibió oficialmente el Reconocimiento a las Mejores Prácticas de RSE, otorgado a la compañía por sus logros en materia de sustentabilidad social, económica y ambiental.

Mexican Gold Announces a New Resource Estimate for the Las Minas Project in Veracruz, Mexico

Philip O’Neill, Chief Executive Officer of Mexican Gold, stated, “We are very pleased with this robust resource estimate. The block model prepared by MDA holds together very well for a skarn deposit. The level of rigor used by MDA further allows us the opportunity to potentially explore economic studies for the potential exploitation of minerals at the El Dorado and Santa Cruz zones. Our focus now shifts to our upcoming drill program at Las Minas where we hope to unlock additional value through the drill bit, especially at our highly-prospective Pueblo Nuevo and Cinco Senores targets.”

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